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Chicago City Wire

Tuesday, April 16, 2024

Brighton Park home prices rise in December 2018

Realestate3

The median sale price of a home sold in December 2018 in Brighton Park, a Chicago neighborhood, rose by $20,000 while total sales decreased by 11.8%, according to BlockShopper.com.

In December 2018, there were 15 homes sold, with a median sale price of $185,000 - a 12.1% increase over the $165,000 median sale price for the same period of the previous year. There were 17 homes sold in Brighton Park in December 2017.

The median sales tax in Brighton Park for the most recent year with available data, 2017, was $2,996, approximately 1.6% of the median home sale price for December 2018.

The following table compares Brighton Park to other Chicago neighborhood with similar median sales prices in December 2018:

NeighborhoodDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Tri-Taylor4333.3%$212,500$225,000-5.6%
Archer Heights612-50%$210,000$161,50030%
Canaryville/Fuller Park8714.3%$190,000$290,000-34.5%
Buena Park1320-35%$188,000$188,500-0.3%
Scottsdale171513.3%$185,000$192,000-3.6%
Brighton Park1517-11.8%$185,000$165,00012.1%
Little Village312619.2%$180,000$110,50062.9%
West Elsdon11683.3%$179,500$229,500-21.8%
South Loop 48764660.9%$177,000$298,750-40.8%
Wrightwood1418-22.2%$176,500$202,500-12.8%
Hyde Park1415-6.7%$176,250$223,000-21%

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